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Property profile & analytics
OFF-MARKET
Retail space

6655 Old Canton Rd Ridgeland, MS 39157-1320

2,401 SF 3.3 ac lot Built 1975
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US50-0705996
Property summary
AI-generated overview

This exceptional 7.9-acre commercial land parcel, located at 6655 Old Canton Rd in Ridgeland, Mississippi, presents a compelling investment opportunity. Priced at $590,000, this property boasts a prime location within a designated Opportunity Zone, offering significant tax advantages. The land features two convenient access points, ensuring excellent accessibility and visibility for potential businesses. High traffic counts along Old Canton Road guarantee substantial exposure. The site previously housed a floral facility, with several usable sheds and a retail building remaining. These existing structures offer potential for repurposing or incorporation into a new development. The expansive frontage provides ample space for various commercial ventures. With careful planning, the property could be easily divided to accommodate multiple businesses, such as a retail operation and a separate commercial facility. The possibilities are numerous, making this a truly unique opportunity in a thriving area of Ridgeland, surrounded by growth and development. The land is zoned for commercial use and offers a land value of $2 per square foot. This is a rare chance to acquire a significant commercial property in a sought-after location within Madison County, zip code 39157.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Total area 2,401 SF
Lot 3.3 ac (143,748 SF)
APN 072I-32D-026/01
UPID US50-0705996
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Greenbrook Flowers (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Janet P Jacobs · 16 yrs held
Janet P Jacobs
since 2009
2 recorded transactions
2009
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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